Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Djed
Cardano’s Dexes to List First ADA-based Stablecoin Djed Next Week
DEXs, MinSwap and MuesliSwap, currently have $30 million and $6.5 million worth of liquidity locked in them respectively On Thursday, COTI Network, the issuer of the Cardano-backed stablecoin Djed announced its upcoming listing on major DEXs MinSwap and Muesliswap. COTI also added that Shen, its reserve coin, would be on that listing. MuesliSwap to List DJED and SHEN On Thursday afternoon, COTI retweeted the MuesliSwap announcement that revealed the exchange’s plan to list $Djed and $Shen in the coming…
2 years ago
COTI to Roll Out its Djed Stablecoin on Cardano Blockchain
On the 26th of Sep 2021, COTI took to their official Twitter account to announce that they will be rolling out a stablecoin on Cardano's chain. Cardano to Host its First Stablecoin As per Charles Hoskinson, leader of Cardano, and Shahaf Bar-Geffen, CEO of COTI group, Cardano will receive its first-ever stablecoin from COTI. The stablecoin goes by the name Djed. The duo relayed this message at the Cardano Summit stage in Laramie, Wyoming, on Sunday. Shahaf said that Djed has…
4 years ago